After finishing at $80.17 in the prior trading day, Ollies Bargain Outlet Holdings Inc (NASDAQ: OLLI) closed at $78.96, down -1.51%. In other words, the price has decreased by -$1.21 from its previous closing price. On the day, 607971 shares were traded.
Ratios:
Our goal is to gain a better understanding of OLLI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 2.79. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.27.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on October 17, 2023, Upgraded its rating to Buy and sets its target price to $83 from $75 previously.
On April 17, 2023, JP Morgan Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $56 to $66.
Citigroup Downgraded its Neutral to Sell on March 27, 2023, whereas the target price for the stock was revised from $52 to $49.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 23 when SWYGERT JOHN W sold 5,000 shares for $82.57 per share. The transaction valued at 412,850 led to the insider holds 48,200 shares of the business.
van der Valk Eric sold 8,301 shares of OLLI for $667,023 on Feb 20. The EVP, COO now owns 2,723 shares after completing the transaction at $80.35 per share. On Feb 20, another insider, Helm Robert F, who serves as the SVP/CFO of the company, sold 269 shares for $80.00 each. As a result, the insider received 21,520 and left with 839 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OLLI now has a Market Capitalization of 4.87B and an Enterprise Value of 5.09B. As of this moment, Ollies’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.07, and their Forward P/E ratio for the next fiscal year is 24.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.43 while its Price-to-Book (P/B) ratio in mrq is 3.38. Its current Enterprise Value per Revenue stands at 2.54 whereas that against EBITDA is 22.06.
Stock Price History:
Over the past 52 weeks, OLLI has reached a high of $84.38, while it has fallen to a 52-week low of $50.94. The 50-Day Moving Average of the stock is 74.89, while the 200-Day Moving Average is calculated to be 72.12.
Shares Statistics:
The stock has traded on average 921.10K shares per day over the past 3-months and 734.27k shares per day over the last 10 days, according to various share statistics. A total of 62.01M shares are outstanding, with a floating share count of 61.44M. Insiders hold about 0.25% of the company’s shares, while institutions hold 101.44% stake in the company. Shares short for OLLI as of Feb 15, 2024 were 2.96M with a Short Ratio of 3.22, compared to 3.07M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.81% and a Short% of Float of 5.69%.
Earnings Estimates
Its stock is currently analyzed by 15 different market analysts. On average, analysts expect EPS of $1.15 for the current quarter, with a high estimate of $1.19 and a low estimate of $1.12, while EPS last year was $0.84. The consensus estimate for the next quarter is $0.62, with high estimates of $0.7 and low estimates of $0.56.
Analysts are recommending an EPS of between $2.86 and $2.8 for the fiscal current year, implying an average EPS of $2.83. EPS for the following year is $3.21, with 15 analysts recommending between $3.38 and $3.
Revenue Estimates
14 analysts predict $649.45M in revenue for the current quarter. It ranges from a high estimate of $657M to a low estimate of $643.8M. As of the current estimate, Ollies Bargain Outlet Holdings Inc’s year-ago sales were $549.79M, an estimated increase of 18.10% from the year-ago figure.
A total of 15 analysts have provided revenue estimates for OLLI’s current fiscal year. The highest revenue estimate was $2.11B, while the lowest revenue estimate was $2.1B, resulting in an average revenue estimate of $2.1B. In the same quarter a year ago, actual revenue was $1.83B, up 15.10% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $2.29B in the next fiscal year. The high estimate is $2.38B and the low estimate is $2.24B. The average revenue growth estimate for next year is up 9.00% from the average revenue estimate for this year.
